China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) Short Interest Down 16.4% in June

China MeiDong Auto Holdings Limited (OTCMKTS:CMEIF) saw a significant decline in short interest during the month of June. As of June 15th, there was short interest totalling 654,000 shares, a decline of 16.4% from the May 31st total of 782,200 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

China MeiDong Auto Price Performance

Shares of CMEIF remained flat at $0.25 during midday trading on Monday. China MeiDong Auto has a 52-week low of $0.25 and a 52-week high of $0.64. The stock’s 50-day moving average price is $0.34 and its 200-day moving average price is $0.40.

China MeiDong Auto Company Profile

China MeiDong Auto Holdings Limited, an investment holding company, operates as an automobile dealer in the People's Republic of China. The company is involved in the sale of new passenger cars and spare parts; and provision of service and survey. It also provides after-sales services, such as auto registration, insurance, auto parts, repair and replacement, sales and maintenance of automotive supplies, etc.; financing referral solutions; and other value added services.